Manufacturers, the agriculture industry, and business groups, including the Indiana Chamber of Commerce and the Indiana chapter of the National Federation of Independent Business, supported the bill.

“The theory is that the burdens of compliance continue to outweigh the relatively nominal property tax bene ts at this higher level of property cost, although I understand that local governments have opposed this exemption increase,” Mark Richards, a partner in Ice Miller LLP’s Indianapolis o ce, said in an April 2 email.